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In Canada, corporate diversity pushes can help companies demonstrate effective compliance, competition official says

By Richard Vanderford ( April 12, 2021, 20:09 GMT | Insight) -- A company with strong diversity policies might be viewed more favorably if competition officials have to assess its compliance program, a senior official in Canada's Competition Bureau said. A company "that values diversity...is more likely to achieve a strong culture of compliance," bureau Director of Compliance Majid Charania said. The existence of such a culture can help demonstrate a compliance program is "credible and effective." Under Competition Bureau guidance, "credible and effective" compliance programs can make a company eligible for reduced sentences.A company with strong diversity policies might be viewed more favorably if competition officials have to assess its compliance program, a senior official in Canada's Competition Bureau said....

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